Hints and tips:
...Candidates include Shell, Total and Chevron, which are all drilling, or planning to drill, in the same Orange oil basin....
...“The reimposition of sanctions will slightly impact the availability of diluents on non-Chevron projects.”...
...Certainly Chevron has confidence in this outcome....
...Indeed, although US oil major Chevron was given permission to restart operations in late 2022, Venezuela’s oil production was only up by 70,000 bpd in September....
...He said customers had not lost trust in it as evidenced by recent contracts Venture signed with groups including ExxonMobil, Chevron and the German government....
...It has drained almost 300mn barrels from the US Strategic Petroleum Reserve and last year lifted some energy-related restrictions on Venezuela by granting Chevron a licence from the Treasury to resume limited...
...He oversaw negotiations that led to Chevron receiving a licence last year from the US Office of Foreign Assets Control to restart its operations in Venezuela....
...In the first quarter, for example, Berkshire Hathaway dipped into its massive cash pile to place multi-billion-dollar bets on oil majors Chevron and Occidental Petroleum — one of its most active quarters...
...“During the pandemic there has been [an evolution in] what being a business partner means for in-house lawyers,” says Oliver Searle, senior counsel at Chevron, the oil company....
...(WaPo) Women in the Niger Delta demand Chevron clean up the mess it left behind. (NYT)...
...“Chevron” had been part of its portfolio. Christopher Bogart and other Burford officers on the call expressed optimism about a post-coronavirus increase in litigation....
...But it gave Chevron — along with Halliburton, Schlumberger, Baker Hughes and Weatherford International — a six-month waiver which it has repeatedly extended....
...The American majors — ExxonMobil and Chevron — produce some 4m b/d between them and show no sign of embracing the net zero objective or of cutting back on exploration activity....
...The company said in a statement late on Tuesday that the restrictions were “arbitrary and selective” as they did not apply to US oil companies, including Chevron, who had been granted waivers by Washington...
...In the US, oil majors like ExxonMobil and Chevron have lent support to the idea of carbon taxes, but overall have been slower to embrace the energy transition....
...market funds (FT) Dealmakers getting creative after virus upends M&A market (BBG) Mortgage investment funds become ‘epicentre’ of crisis (FT) NMC Health discovers further $1.2bn of undisclosed debt (FT) Chevron...
...“Chevron is allowed to operate for an additional 90 days, but there are 90 days where US investors cannot execute on their creditor rights,” he said....
...The other “supermajor” oil companies — Shell, ExxonMobil, Chevron and Total — all report results in the next few days....
...Other shareholders are hoping that Chevron will swoop in with a higher counterbid....
...This includes Citgo, a subsidiary of PDVSA with two refineries in Louisiana and Texas, and other traditional US buyers of Venezuelan crude such as Chevron, PBF Energy and Valero Energy....
...“POGBV has a strong non-operated portfolio, managed by Chevron and Total, and which represents circa 20 per cent of Nigerian production.”...
...Shell, Equinor (formerly Statoil) and Total SA....
...“To hit out at Chevron and bite the hand that feeds seems to go in the opposite direction of oil production stabilisation.”...
...“We have to make Mozambique different to Australia,” said Mr Gomes da Silva, referring tho the multiyear delays that left projects such as Chevron’s Gorgon and Wheatstone billions of dollars over budget....
...Last month, two executives at US major Chevron, which has continued to operate in Venezuela, were arrested and charged with treason after reportedly refusing to sign over-priced supply contracts....
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